Rainier Family Wealth Inc. Has $4.21 Million Stock Position in SPDR Portfolio S&P 500 Growth ETF $SPYG

Rainier Family Wealth Inc. increased its holdings in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 36.5% in the 2nd quarter, Holdings Channel reports. The fund owned 44,134 shares of the company’s stock after buying an additional 11,813 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF accounts for about 4.2% of Rainier Family Wealth Inc.’s investment portfolio, making the stock its 4th biggest position. Rainier Family Wealth Inc.’s holdings in SPDR Portfolio S&P 500 Growth ETF were worth $4,207,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Lloyd Advisory Services LLC. bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $266,000. 1834 Investment Advisors Co. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 5.9% in the 2nd quarter. 1834 Investment Advisors Co. now owns 123,141 shares of the company’s stock worth $11,738,000 after purchasing an additional 6,816 shares in the last quarter. GenWealth Group Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.3% in the 2nd quarter. GenWealth Group Inc. now owns 117,151 shares of the company’s stock worth $11,167,000 after purchasing an additional 2,581 shares in the last quarter. FCG Investment Co boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 1.9% in the 2nd quarter. FCG Investment Co now owns 40,145 shares of the company’s stock worth $3,827,000 after purchasing an additional 755 shares in the last quarter. Finally, Novem Group bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 2nd quarter worth approximately $202,000.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.4%

Shares of SPYG opened at $103.68 on Friday. The business’s 50 day moving average price is $100.35 and its 200-day moving average price is $91.25. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $68.65 and a 52 week high of $105.41. The stock has a market cap of $41.47 billion, a P/E ratio of 32.28 and a beta of 1.05.

SPDR Portfolio S&P 500 Growth ETF Company Profile

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index).